Sunday, August 17, 2014

Carlyle Targets Treasury

The headline brought to mind The Carlyle Group's Boston Private taking $153 million from Treasury's TARP program.  However this Treasury is an Australian company with global wine holdings.  Brands include 19 Crimes, Sledgehammer, Squealing Pig, Black Grape Society and Fifth Leg.

Two other PEU's are in the running for Treasury Wine Estates.  KKR and TPG have bid on the company with a bland name but distinctive product offerings.  Which PEU in the Greed/Leverage Society will win?